IMMO JASO: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
IMMO JASO
Largest movements
- Current investments +€99,156
up €99,156 (+830%), from €11,940 to €111,096
- Tangible fixed assets -€86,404
down €86,404 (-6.5%), from €1.3m to €1.3m
of which Land and buildings: -€47,059
- Cash -€47,411
down €47,411 (-23.7%), from €199,635 to €152,224
mainly Current investments (-€99,156) and Net result for the year (-€11,324)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€23,027
up €23,027 (+32.4%), from €71,132 to €94,159
- Financial charges -€11,760
down €11,760 (-80.7%), from €14,580 to €2,820
- Depreciation -€1,333
down €1,333 (-2.0%), from €68,201 to €66,868
- Financial income +€1,035
up €1,035 (+107%), from €969 to €2,004
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,556,732 | €1,532,304 | -€24,427 | -1.6% |
| Fixed assets | 21/28 | €1,337,564 | €1,251,159 | -€86,404 | -6.5% |
| Tangible fixed assets | 22/27 | €1,337,564 | €1,251,159 | -€86,404 | -6.5% |
| Land and buildings | 22 | €1,172,619 | €1,125,560 | -€47,059 | -4.0% |
| Plant, machinery and equipment | 23 | €151,072 | €113,844 | -€37,227 | -24.6% |
| Furniture and vehicles | 24 | €13,873 | €11,755 | -€2,118 | -15.3% |
| Current assets | 29/58 | €219,168 | €281,145 | +€61,977 | +28.3% |
| Amounts receivable within one year | 40/41 | €4,944 | €4,592 | -€352 | -7.1% |
| Trade receivables | 40 | €2,684 | €3,603 | +€920 | +34.3% |
| Other amounts receivable | 41 | €2,261 | €989 | -€1,272 | -56.3% |
| Current investments | 50/53 | €11,940 | €111,096 | +€99,156 | +830% |
| Cash at bank and in hand | 54/58 | €199,635 | €152,224 | -€47,411 | -23.7% |
| Deferred charges and accrued income | 490/1 | €2,649 | €13,233 | +€10,584 | +400% |
| Total equity and liabilities | 10/49 | €1,556,732 | €1,532,304 | -€24,427 | -1.6% |
| Equity | 10/15 | €1,498,759 | €1,487,435 | -€11,324 | -0.8% |
| Contributions | 10/11 | €1,400,000 | €1,400,000 | = | 0.0% |
| Reserves | 13 | €98,759 | €87,435 | -€11,324 | -11.5% |
| Distributable reserves | 133 | €98,759 | €87,435 | -€11,324 | -11.5% |
| Amounts payable | 17/49 | €57,973 | €44,869 | -€13,104 | -22.6% |
| Amounts payable after more than one year | 17 | €37,271 | €26,884 | -€10,387 | -27.9% |
| Financial debts | 170/4 | €37,271 | €26,884 | -€10,387 | -27.9% |
| Amounts payable within one year | 42/48 | €20,702 | €17,986 | -€2,716 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €10,184 | €10,387 | +€203 | +2.0% |
| Trade debts | 44 | €5,482 | €4,928 | -€553 | -10.1% |
| Suppliers | 440/4 | €5,482 | €4,928 | -€553 | -10.1% |
| Taxes, remuneration and social security | 45 | €459 | €464 | +€6 | +1.2% |
| Taxes | 450/3 | €459 | €464 | +€6 | +1.2% |
| Other amounts payable | 47/48 | €4,577 | €2,206 | -€2,371 | -51.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,201 | €66,868 | -€1,333 | -2.0% |
| Other operating charges | 640/8 | €16,220 | €16,579 | +€359 | +2.2% |
| Non-recurring operating charges | 66A | - | €21,656 | +€21,656 | |
| Gross operating margin | 9900 | €71,132 | €94,159 | +€23,027 | +32.4% |
| Operating profit (loss) | 9901 | -€13,289 | -€10,943 | +€2,345 | +17.6% |
| Financial income | 75/76B | €969 | €2,004 | +€1,035 | +107% |
| Recurring financial income | 75 | €969 | €2,004 | +€1,035 | +107% |
| Financial charges | 65/66B | €14,580 | €2,820 | -€11,760 | -80.7% |
| Recurring financial charges | 65 | €14,580 | €2,820 | -€11,760 | -80.7% |
| Profit (loss) for the period before taxes | 9903 | -€26,900 | -€11,759 | +€15,140 | +56.3% |
| Income taxes | 67/77 | -€75 | -€436 | -€361 | -480% |
| Profit (loss) for the period | 9904 | -€26,824 | -€11,324 | +€15,501 | +57.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,824 | -€11,324 | +€15,501 | +57.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.